So I am watching the Bitcoin/Altcoin rally recently and I can't stay quiet about it, because it's getting on my nerves - so far from January 2017 BTC has grown from under 1000$ to 1600+$ as of today, which is ~60% increase of its price and it seems it is going even further and nobody is sure when it will stop or pop (if its a bubble) etc. Almost every Altcoin out there is rising too, which is understandable since ~99% of the altcoins are traded for BTC. I'm watching the volume of these Shitcoins and the numbers are getting higher every day and the amount of money people put in them is not a small number - we can start from 200 000$ daily and go to a couple of million dollars for some coins. Everything is fine by those numbers, people have their choice where to put their money I get that. The thing that bothers me and makes me nervous and I don't know if its for good or bad is why Solarcoin doesn't follow the pattern / uptrend recently? Why when BTC goes up, there is this asshole on Bittrex or whatever other exchange SLR is traded, which starts selling every god damn time and keeps the price down??? Why all the other Shitcoins have so much money put into them and we are staying under the shadows for so long? Why people can't notice us? I see that the foundation is doing a great work - every month there is some good news about Solarcoin - we have even won an Oscar at Blockshow Europe and what happened - well not much apparently and I can't understand why or what is the reason behind this... I see that ~100 people joined the SLR slack recently, which is great - but when some of them started asking questions like "why am I here?/ what is this group" my excitement vaporized - like some spam bot added them randomly from nowhere... Don't get me wrong here - I'm not being negative, I just wonder why is all that happening - why are there so many Shitcoins above us, in which people invest so much money - what seems to be the thing that "hold us back"? What we must achieve in the future to make people recognize us as unique alternative from all the other coins out there? I don't know if I'm asking the right questions and making the proper analyse of the market right now so feel free to deny/argument me. And for the greedy so called "whale" right now who is keeping the price low and dumping every time when there is a rise - not everything is forever my friend, you are a big fish in the small pond at the moment - once the SLR market starts to expand and become an ocean, the sharks there will eat all of your coins and you will starve to death at the bottom of the abyss where you belong - u greedy little bastard...

You just need to chill man. SLR is doing great. Just buy more while you still can. Cryptonick: Can we get another post about how much SLR sucks? maybe that will help with the price

@solarcoiner Happy to Oblige! Although I never said Solarcoin sucks, I just wish it were structured differently.

@daniobg The problem is really distribution, it happened during PoW. SLR was not always PoST. So many of the holders of coin used their mining rigs that once were used to mine BitCoin to give birth to the actual Coin that is being dumped on the market. Now add to this fact that you need to have incentive to claim. Being excited about the great concept SLR has isn't enough for most people. They want the cash. This is where my ideas came to fruition. There needs to be an internal PEG for trade without the use of exchanges. So people with 1000 SLR can use the SLR at wholesale power prices. There would be an Average worldwide even. This would be the magic number. Lets say $20. Now this claimer of 1000 SLR has $20,000 to spend.

Now also realize that people who buy from the market can now have $20 PEG coin to spend. This creates the buy that is needed.

Now people who support the coin can trade at spot prices and around the world. The price of power may only change slightly, but if enough people band together and trade SLR and help people claim it may go viral. Exchanges are Liquidity for merchants who need to get costs out of their products. This is the crux of the problem, FIAT to pay for costs of goods.

If a merchant could tie in the PEG and the price on the Market we might have something better too. Since this would be the Merchants gamble. What can people buy with what they Claim right now? Not much! They are forced to Buy coin on the Exchange as an investment (Smart Investment though). There are ways to bypass Bitcoin now using Lykke.com to buy SLR from a Credit Card so now Bitcoin can be subverted so as to not drive the price of Bitcoin and its Manipulated markets also up as people try to support SLR.

I think just with the addition of Lykke there is a fighting chance for SLR now. Instead of being an SLR Tesla strapped to the Bitcoin Towing agency's 18 Wheeler Car Carrier doing 100 MPH spewing black smoke from pulling the weight of all the other Alt "Car" Coins, SLR has been liberated.

Implementing an internal PEG would also create a ceiling to the Market Cap in the Exchanges. This would cause a Median Price point for liquidity and a more predictable market. But the swings would be in play but can be combated by a Merchant getting only their costs of goods out and following the PEG for the profit. Now the merchant can trade at the PEG or Liquify in a pre-determined arrangement at the point of sale.

So anyone who could afford to buy a Product with SLR (most likely PoW coin holders or early adopters) could now get something for their SLR rather than deluge the market at their whim. Then the Merchants could play the market and make more from their exposure to the costs of their products possibly. Seeing as how most merchants who would deal with SLR would also be Solar providers or Installers or have a niche market in Solar, they could bet heavy on it! This would be their success and only the early adopters would be able to make a mint from their initial acceptance of coin. They would basically own the PoW coin and have a proper stake in SLR at this point since we need them to be the backbone of the coin... Solar Merchants!

At this point all we have is a Leaky Ceiling with Claim coin and PoW coin raining down on the market. Again this takes time which is why it is a 40 year project. Anyone who buys SLR would not sell for less than what they bought in for, yet PoW got coin virtually free. So as distribution occurs the market stabilizes. Hedging your position is the SLR investors' only remedy!!! <-This is how you can support the coin also! The sell offs are just a part of that process. Making a demand for people to buy the coin is another thing. Most just want to make money. So it will churn up and spit out investors in the process. This is why you feel so disheartened, this is how I felt too.

And again - Bitcoin goes UP from 1650 to 1700+ and another SLR DUMP (~70 000 Solarcoins) on Bittrex for fuck sake - this is every time BTC goes up - a guy keeps solarcoin at ~0.12 $ and thats it... It's getting boring - someone may say we are stable - well if we measure the price in USD yea ofc, but I measure it in BTC and so far we are going down every time BTC rises, because of that same guy who dumps... This is ridiculous

"vipgelsi [3:47 AM] Nick what would a low to high end estimate of network growth be for 2017 for Slrnick_gogerty [3:52 AM] tough to say, but I am personally targetting 20-50k users. that means we need to get infront of 200-300k. with a 3-6 months sales cycle that means hitting it hard after copay is out. we have one 200k platform working on an NDA and @francois probably has 50 monitoring companies in his back pocket that range from thousands to 10's of thousands. We have contacts at solarcity etc. but haven't reached out yet as our UX is sub-par for their customers. with Copay and web wallet, I think that is largely solved. This doesn't include proof concept stuff like solarchange is working on in Cyprus and attempts to reach out to enphase's enlighten platform. If people have platforms we should target let us know. We also have people in China and other areas wanting to sign up as affiliate so I personally think its more a matter of when than if we reach 20-50k and then.....more. there are 7m estimated solar producing facilities out there growing 30-40% annually."

Wow - This is big news! When will copay be ready? When will you start hitting these thousands of potential claimants?

Gogerty is the founder of SolarCoin, a token that represents kilowatt hours of solar energy that can be traded on the Lykke exchange. He also co-founded and was CTO of healthcoin.com - a project for using economic incentives to reduce the global diabetes epidemic.

Gogerty joins Lykke’s founders, Richard Olsen and Sergey Ivliev, and their team of blockchain and fintech experts. ”There is a global revolution going on,” says Gogerty, “that combines blockchain technology, finance, and positive social change. I believe Lykke has the vision and capability to play a significant role in shaping this revolution.” (...)

Not sure if anyone noticed but it looks like the same person is buying and selling Solarcoin. He likes to crash the price around 10pm Eastern Time USA then runs it back up in the middle of the night for the past few days. I bought some when he was trying it i bet he was not to happy.